Common use of Directors and Officers Insurance; Indemnification Clause in Contracts

Directors and Officers Insurance; Indemnification. Executive will be covered by the Company’s and/or Bank’s directors and officers liability insurance policy in effect from time to time. To the extent permitted by the Company’s Bylaws and the Montana Business Corporation Act, the Company will indemnify Executive in the event Executive is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that Executive is or was a director, officer or employee of the Bank or the Company.

Directors and Officers Insurance; Indemnification. Executive will be covered by the Company’s 's and/or the Bank’s directors 's Directors and officers Officers liability insurance policy in effect from time to time. To the extent permitted by the Company’s 's Bylaws and the Montana Business Corporation Act, the Company will indemnify Executive in the event Executive is a party (or is threatened to be made a party party) to any threatened, pending pending, or completed action, suit suit, or proceeding, whether civil, criminal, administrative administrative, or investigative, by reason of the fact that Executive is or was a director, officer officer, or employee of the Bank Company or the CompanyBank.

Directors and Officers Insurance; Indemnification. Executive will be covered by the Company’s and/or Bank’s directors and officers liability insurance policy in effect from time to time, subject to the terms, conditions and exclusions under the policy. To the extent permitted by the Company’s Bylaws and the Montana Business Corporation Act, the Company will indemnify Executive in the event Executive is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that Executive is or was a director, officer or employee of the Bank or the Company.

Directors and Officers Insurance; Indemnification. Executive will be covered by the Company’s and/or Bank’s directors and officers liability insurance policy in effect from time to time. To the extent permitted by the Company’s Bylaws and the Montana Business Corporation Act, the Company will indemnify Executive in the event Executive is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that Executive is or was a director, officer or employee of the Bank or the Company.